Property Management

With a team of dedicated professionals, we manage a variety of property portfolios throughout the UK, consisting of both residential and commercial assets. Assets under management include purpose built blocks of apartments, individual and shared houses, student lets, HMO properties and commercial asset types from multi-occupied business centres to single let industrial and retail premises.

We have an extensive network of contractors, agents and professionals who we use to attend site and deal with our customer’s issues quickly and effectively.

We are regulated by the RICS and members of the Residential Landlords Association (RLA).

With full RICS audited Client Accounts and the latest in property management software we are able to provide tailored reporting and detailed management information to meet each client’s requirements utilising our extensive knowledge and years of experience.

Our Approach

Day one control is the key to each new assignment, whilst working in a way to ensure we comply with the key principle of Treating Customers Fairly at all times. This approach includes:

Initial tenant contact and securing rental payments.

Property Inspections

Security

Compliance assessment of the assets

Repairs and Maintenance

Local Authority and Housing Benefit liaison

On Going Management

Tenant management including general telephone queries through to AST renewal

Select and manage letting agents to minimise voids

Contractor management to ensure cost effective and timely repairs

Rent and arrears management including liaison with lawyers where required

Housing Benefit department liaison

Compliance with statutory requirements, insurers warranties and best practice as applicable

Deposit Protection Service

Reporting and MI

Strategic reporting on the performance of the property portfolio

Monthly reporting to each Client as required

Report content and format agreed at outset with each Client

Includes rent, arrears, costs, balances held, issues and voids to provide a detailed view of the current performance of the assets

Surplus rent monies remitted to client each month, as required by the Client

Cash flow forecasting: If required a detailed forecast with supporting assumptions will be produced based on our review of the specific assets and our experience of similar assets already under management

12 month forecast by month with full year figures projected for year 2 onwards to assist the Client in strategy formulation and decision making

Ad hoc reporting

Issues arising and authorisation of major costs

Fees

We charge our clients, (who include Owners / Landlords, Receivers, Administrators), a fee for managing the property. This fee is typically a percentage of the passing rent or of rent collected and varies between 8% and 15%, depending on the property type, location, condition and whether occupied or not.

We do not charge tenants for our services. Charges incurred in repairs, maintenance and compliance and charged to our clients at cost unless the work has been caused directly by the tenant and it is found to be their responsibility to pay. In which case, the charge will be made to the tenant, once again at cost only.

Regulated by RICS.
Landwood Group is a trading name of Landwood Commercial (Manchester) Limited a company registered in the United Kingdom under company number:
06655681.
Registered Office: South Central 11 Peter Street Manchester M2 5QR. A list of directors is available at the registered office. VAT Reg Number: 939390681.
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